Standard Chartered: Bitcoin May Temporarily Dip Below $100,000
Standard Chartered analyst Geoff Kendrick expects a short-term drop in Bitcoin below $100,000 amid growing geopolitical tensions between the U.S. and China. He attributes the move to fear-driven sell-offs and market uncertainty.Kendrick believes the correction will be brief and mark the final pullback before the next major rally. His year-end 2025 forecast remains at $200,000 per BTC.He also pointed out that the sharpest gold decline in a decade coincided with Bitcoin’s rebound — a sign that a trend reversal may be underway: “Sell gold, buy Bitcoin.”Crypto News Shark
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